Funding round led by WxNW, HBAN’s newest angel syndicate
900,000 players and supporters of 52 sports in Europe, America and Asia benefit from Mayo-based Sportlomo’s service
Marks first investment from WxNW, which aims to double its number of angels from 12 to 24
Investment is part of a targeted push by HBAN to encourage investment in start-ups from West and Northwest of Ireland
HBAN, the all-island organisation responsible for the promotion of business angel investment, today announces the first-ever investment from its newest angel syndicate, WxNW (West by Northwest). The syndicate has backed innovative Mayo-based sports technology start-up, Sportlomo. The €270,000 investment is co-funded by Enterprise Ireland and will see the creation of 25 jobs in the company.
Funding round led by the Halo Business Angel Network (HBAN) Food Syndicate with support from Enterprise Ireland
Investment will support 10 jobs in Soopa Pets over the next three years
Announcement reflects HBAN’s ‘smart money’ approach; combining investment with strategic support
Soopa Pets, which makes healthy dog treats, is expanding into international markets
HBAN, the all-island group responsible for promoting business angel investment, today announces an investment in Soopa Pets, the maker of healthy and nutritious dog treats. The €400,000 funding was led by business angels from the HBAN Food Syndicate, with support from Enterprise Ireland, and will see the creation of 10 jobs in Soopa Pets.
HBAN, a joint initiative of InterTradeIreland and Enterprise Ireland responsible for the all-island promotion of business angel investment, today announces that it has breached the landmark of €50 million invested by business angels. A further €89 million has been leveraged from other sources including Enterprise Ireland, Western Development Commission and local and international venture capital funds.
15 positions to be filled by December 2016
Irish software company Iconic raises €400K and announces 15 new jobs
Iconic targeting the €37BN language industry
Proprietary technology developed through R&D at DCU
Iconic Translation Machines, a leading Irish translation software company, today announces that it is creating 15 new jobs at its headquarters in Glasnevin, Dublin. The positions will be filled by December 2016 and will bring the total employment at the company up to 25.
Jobs to be filled by 2017 across 48 HBAN-supported companies
Galway-based medical devices company Embo Medical raised over €1.5M from business angel funding creating 13 jobs
Northern-Ireland based Treze raised €150,000 from angels creating 20 jobs
Dublin-based Lumafit raised €175,000 from angels creating 15 jobs
HBAN looking to recruit new angel investors
Halo Business Angel Network (HBAN) today announces record business angel investment supporting significant job growth across the island of Ireland during 2014. An estimated 700 jobs will be created by 2017 by HBAN-supported companies, following a number of successful funding rounds during 2014 totalling €30 million.
Belfast software company FarmWizard has been bought over by the global Grosvenor Estate, in a deal which will see the local company expand its presence and workforce here. Wheatsheaf Investments, part of the Grosvenor Estate led by the Duke of Westminster, has acquired a majority stake in the leading web-based livestock management business- the first ever buy out of a company invested in by business angels from Halo, the NI business angel network.
Co Kildare firm Equilume aims to revolutionise horsebreeding across the globe with an innovative new light mask for horses which brings the breeding season of mares forward to meet industry timelines, and even has the ability to reduce jetlag.
Irish e-commerce platform player Scurri has secured a second round of seed funding totaling €1.2m, enabling it to focus its efforts on the UK market. Scurri was founded in 2010 by CEO Rory O’Connor in Duncannon, Co Wexford, and now has a sales HQ at TechHub in London.
HBAN (Halo Business Angel Network), the all-island umbrella group responsible for stimulating angel investment, today announces that the newly formed business angel Food Syndicate has invested in its first company, Elivar.
Elivar has raised €700,000 from multiple sources including the HBAN food syndicate, Enterprise Ireland and other private investors, to support the ongoing development of its sports nutrition products and brand.
If you‘re a high potential Start Up that has a new innovative product or service ready for commercialisation and/or have achieved some early traction and are raising finance to scale internationally please contact us.